Working with contractors can be extremely difficult as projects get delayed and there is poor communication(red flags were not present before project began).

Having "real estate investing" or "real estate" anything, in your LLC name will surely raise red flags for banks, especially as you move beyond net 30 accounts to larger credit lines.

(worldnewsera.com“Most of my disdain is reserved for the big players who are marketing this to a mainstream audience as though it’s an investment, often promising to be a ticket out of a really tough financial spot for people who don’t have many options,” White said.

Bobhttps://www.biggerpockets.com/forums/70/topics/371926-notes-funds-for-individual-investors-what-are-the-best-players

I mean, it's always done differently, but it's the same script just different players.  

The market has not yet settled out to 2 or 3 major players. 

This is a red flag for the IRS.

I personally think it's here to stay.However, wait till big money players find a way to profit from a sharp drop.

Lots of red flags here with this property and location based on what's been shared. 

A whole sea of red flags waving, this is wild.